5663 Case Avenue, North Hollywood, CA 91601

Property Description

5663 Case Ave is a massive, brand-new construction 5-unit in prime North Hollywood—NON-RENT CONTROLLED and located in a designated Opportunity Zone. This luxury investment property sits on a rapidly gentrifying street and boasts the best curb appeal on the block. With an unbeatable unit mix, high-end designer finishes, and minimal expenses, this property projects an impressive 6.38% cap rate. In addition to the high return, the property’s Opportunity Zone designation offers significant tax advantages for buyers (consult with your CPA). The property is non-RSO, features separate meters for all utilities, and comes with a 1-year builder’s warranty, ensuring minimal maintenance and longterm stability. The unit mix consists of one massive 6-bedroom, tri-level townhome (2,356 SF), three large 5-bedroom units, and one spacious 4-bedroom unit—all designed for maximum rentability. These premium townhomes offer luxury finishes and tenant-friendly layouts, making them highly desirable rentals. Features include expansive kitchens with large islands and open living spaces, designer tile, modern cabinetry, stainless steel appliances, high ceilings, large closets, and balconies off the living spaces and bedrooms. The property is further enhanced with drought-tolerant landscaping, ample parking, and abundant natural light throughout. With brand-new everything, strong rental demand, and built-in tax benefits, this is a rare opportunity to secure a high-performing, low-maintenance asset in one of LA’s fastest-growing rental markets. Don’t miss your chance to own one of North Hollywood’s finest new developments!